Stock markets raise a glass to the Donald Trump growth pledge

Amid the acres of newsprint being occupied by Brexit and Donald Trump, it is very hard to distil how both will affect the real economy. Highly charged opinions and emotional debating distorts the actual impact on daily life.

At times like this, it can be helpful to follow the money.

By that, I mean analysing what large institutional asset managers are doing with the money they manage and, separately, to examine what business leaders are actually doing with their companies.